Jeffrey Carroll Acquires Development Site In Lynn, MA For $500,000
96 Ford Street
Development Site
2,701 SF
2,701 SF
Sold 1 year ago
Summary
Teamsters Local42 sold a development site located at 96 Ford Street in Lynn, MA. The property was purchased by Jeffrey Carroll for a total sale price of $500,000. The development site spans 2,701 square feet, resulting in a price per square foot of $179. The total building square footage is 7,500, which equates to a price per building square foot of $67. The transaction took place on March 1, 2021.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $500,000
- Address: 96 Ford Street, Lynn, MA
- Seller: Teamsters Local42
- Buyer: Jeffrey Carroll
- Broker: David Maker - Maker Capital
This sale marks the last industrial plot on Boston Street Business District that is zoned for cannabis use. The property presents a significant opportunity for Jeffrey Carroll, who will develop the site for this purpose.
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